Removal of the income tax from the very poor may mean that the richer would pay ‘proportionally’ more on their much larger incomes, which Adam Smith said was appropriate in other contexts, and not at the expense of the poor, ‘who are least able to supply it.’ [WN V.i.d.13: p 728; Edwin Canaan, 1937 edition, Random House, p 686]
I oppose Obama's taxs cuts as stimulus--because they aren't/won't. But if he's gonna get some republican votes do it... but don't spend such a large chunk of the package on them from thor's sake!
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